Trading Journal Notes

0.0(0)
studied byStudied by 0 people
GameKnowt Play
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/67

flashcard set

Earn XP

Description and Tags

70 QA flashcards derived from the Trading Journal Notes, covering profit-taking rules, trade rules, asset targets, and market conditions.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

68 Terms

1
New cards

In the forex and Griffain profit-taking plan, what portion should be taken off and where should the rest go?

Take 1/2 off; pocket for the next bull run; rest goes into the XRP ETF.

2
New cards

Griffain profit target

Take profit on Griffain at about 0.27.

3
New cards

Why take profits if the peak timing is unknown?

Because prices will probably lower about a year after the peak, so partial profits help manage risk.

4
New cards

When to take 100% profit on DOT and CSPR?

When they reach the BE Ethereum values that you bought at.

5
New cards

What are the BE values mentioned for DOT and Casper to trigger 100% profits?

DOT around $100 and Casper around 0.40.

6
New cards

What should you reinvest after DOT/CSPR profits?

Reinvest into Ethereum at the bottom of the market a year later.

7
New cards

What exit decision was regretted regarding XRP?

Not taking a chance to exit XRP and turning it into a long trade.

8
New cards

Where is another exit opportunity noted for a trade?

At a higher time-frame 4-hour order block.

9
New cards

What trading tools are suggested for LTF entries with the 4-hour strength meter?

Bots on TradingView.

10
New cards

When should you turn on trading bots?

For a strong trend pair at peak market hours.

11
New cards

If Griffain takes off early, at what price should you exit?

36 cents.

12
New cards

What allocation is suggested after pocketing profits?

Pocket $2700; invest the remaining $8k into XRP ETF or Kaspa.

13
New cards

What macro data signal is mentioned as favorable for early stimulus?

Durable goods printed low.

14
New cards

What market events are said to pump the market?

Ceasefires and tariff delays.

15
New cards

Cadjpy trade entry basis on the 4-hour chart?

Based on 4-hour strength closing toward the downside.

16
New cards

How was the Cadjpy long entry described on the 15-minute chart?

Entered on the 15-minute chart because of an extreme at support and order blocks on the 1-hour and 4-hour charts.

17
New cards

What divergences were observed for Cadjpy?

15-minute divergences, many.

18
New cards

How was the Cadjpy entry described on the daily chart?

Cadjpy strength on the daily with a 4-hour entry using Prime Divergence; previous support noted July 10.

19
New cards

What reference level was used for Cadjpy on July 10?

Previous support.

20
New cards

What tool is being tested for the 4-hour entry to gain more trades?

The daily strength meter.

21
New cards

What is the rule about strength-meter trades regarding timing?

Take trades only at the close.

22
New cards

In lower time frames, how should trades be taken?

In the direction of the 4-hour trend, using strength at close; reversals require strong 4-hour or daily S/R.

23
New cards

What timeframes are allowed for entries 5m/2m/15m and under what condition?

Entries only in the direction of the trend, bouncing off S/R in the 1-hour or 4-hour time frame.

24
New cards

When is a possible reversal entry allowed on the 4-hour entry?

At extremes of price action and at support/resistance.

25
New cards

What was done on the 5-minute chart for new trades?

Following the 1-hour and 4-hour strength at the close.

26
New cards

How can weekly strength meter be used for entries?

Use similar entries as the 4-hour entry with a weekly strength meter (divergence and OB/OS at extremes).

27
New cards

How should the 4-hour strength meter be used with weekly/daily closes?

Continue using for the 4-hour, but limit it to the weekly close; use the daily close as well.

28
New cards

Where should trade targets be taken?

At the nearest order block.

29
New cards

What stop-loss rule is suggested as a trade approaches the target?

Let the trade run toward the target, then move the stop loss to break even.

30
New cards

What distinction should be made about the strength meter readings?

Distinguish between the strength meter being closed and live.

31
New cards

Which timeframes should be used to trade in line with the 4-hour chart?

5- or 15-minute charts.

32
New cards

Where should you look for resistance and how should you enter?

Look for resistance on the 1-hour or 15-minute chart and enter at extremes of divergence or OB/OS.

33
New cards

What indicators should you use for possible reversal locations?

Confluence of fair value gaps and order blocks.

34
New cards

When should you take 350k of the top according to BTC dominance or total?

When Bitcoin Dominance is around 44%, or you have reached 3.5 million total.

35
New cards

How has asset preference shifted in the notes?

American coins are favored; consider taking less profit due to higher upward potential.

36
New cards

What is the Kaspa exit rule for Sept-Oct 2025?

Get out 30% of Kaspa at Sept-Oct 2025 or at $3.00 whichever comes first.

37
New cards

What needs to be reviewed for other crypto assets?

A game plan for other cryptos needs to be reviewed.

38
New cards

What is the plan for silver and XRP ETF in the TFSA?

Move some silver to XRP ETF in the TFSA.

39
New cards

What is the plan regarding XRP tokens and the XRP ETF in the TFSA?

Move XRP tokens to XRP ETF in TFSA; 30-40% out on Nov 1, 2025 or as conditions.

40
New cards

What exit signal is associated with Bitcoin Dominance around 43%?

Exit around 43% dominance.

41
New cards

What macro event is cited as the trigger for a market peak?

The Fed starts tightening.

42
New cards

Which charts should be checked for peak beyond BTC Dominance?

Total 2 and 3.

43
New cards

What other dominance should be monitored as a peak signal?

Tether Dominance.

44
New cards

What action should be taken when the FX account reaches 14k?

Move 10k into the XRP ETF TFSA.

45
New cards

What ROI is expected from moving into the XRP ETF TFSA?

At least 5x.

46
New cards

What is the tax strategy regarding TFSA and crypto withdrawals?

Move money out of the TFSA first before drawing from crypto to minimize taxes.

47
New cards

What is the overall yield objective for the crypto account?

Collect yield and cash out as little as possible.

48
New cards

Which Kaspa exit values are specified in Page 3?

20,000 Kaspa at $0.94 and 50,000 at $1.44.

49
New cards

What are the Chainlink target details?

50 LINK at about $70.

50
New cards

What is the Polkadot plan with 200 DOT at $70?

Start staking; hold through another cycle; exit at $90 and reinvest into Ethereum at bear market bottom.

51
New cards

What is the Casper exit criterion?

Exit all when Casper reaches Ethereum BE on the Casper/Ethereum chart; rebuy Ethereum at bottom of bear market.

52
New cards

What is the HBAR exit plan?

10,000 HBAR at $0.87.

53
New cards

What are the Ethereum buy targets listed?

One ETH at $7,000; another at $9,700 (maybe only one at $7k due to utility).

54
New cards

What is the total Kasper plan mentioned on Page 3?

4 million at 92 million market cap; cycle into Kasper; rest ride.

55
New cards

What are the Quant exit targets?

10 out at $920; 10 out at $1500.

56
New cards

What are the Tao exit targets?

1 out at $920; 1 out at $2320.

57
New cards

What is the Sandbox exit target?

1000 out at $6.70.

58
New cards

What is the Flare exit target?

20k out at $1.

59
New cards

What is the Vet exit target?

100k out at $0.87.

60
New cards

What is the Silver exit plan in CAD terms?

10K CAD out at $92 CAD Silver.

61
New cards

What silver-related TFSA move is suggested?

Move some silver to XRP ETF in the TFSA.

62
New cards

What is the plan regarding XRP ETF TFSA with XRP tokens?

Move XRP tokens to the XRP ETF in the TFSA; 30-40% out by Nov 1, 2025.

63
New cards

What is the commitment for Nov 1, 2025 in relation to XRP TFSA?

30-40% out of XRP into the XRP ETF TFSA.

64
New cards

What is the suggested action when checking multiple dominance signals for peaks?

Check Bitcoin Dominance (~44%), Total 2/3, and Tether Dominance for peak indicators.

65
New cards

What is the purpose of using fair value gaps in the strategy?

To locate possible reversal locations in confluence with order blocks.

66
New cards

How is the term OB/OS used in this trading plan?

Used as extremes to time entries or reversals.

67
New cards

What is the emphasized focus of the notes (process)?

Focus on the process: using strength meters, order blocks, divergences, and confluences.

68
New cards

How many flashcards were created and in what language?

70 flashcards in English.